Bitcoin Network Hashrate Falls Below Annual Average Since U.S. Winter Storm, Running Below 1 ZH/s

BTC-0.62%
According to CryptoQuant analyst Darkfost, Bitcoin's network hashrate has fallen below its annual average since the U.S. winter storm, running continuously below 1 ZH/s. This marks the first occurrence of such a decline since 2021, reflecting intensifying competition among miners as some mining firms adjust operations or halt equipment to improve profitability.
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